63 AC with Billboard - Dayton, Oh
Combined 17,000 vehicles per day at the intersection of Turner Road and Wolf Road
Parcel Includes Billboard which generates $750 annually
Zoned B-P (Business Park District) - allows for flexible commercial uses
Absolute $1 Auction - NO Reserve.
CBRE is pleased to present a ±63.72 AC undeveloped land parcel located next to 3901 Turner Road at the northwest corner of Turner Road and Wolf Road (the “Property”) in Trotwood, Ohio within the Dayton Msa. This Property offers an exceptional investment opportunity via development and first bid meets reserve.
The Property is being offered at a substantial discount as Montgomery County's 2019 Assessment puts the Current Market Value of the land at $244,500. With favorable zoning (Zoned B-P “Business Park District”), this offering allows a generous variety of uses necessary for the surrounding residents, business, and professional practitioners.
The Property is well located approximately five miles from both I-75 and I-70 in the suburban Dayton community of Trotwood, Ohio. The region's transportation network, demographics, access to a reliable workforce, and high quality of life make this a prime location for development. The Property is located in the North Dayton Submarket approximately 6 miles from the Dayton CBD and 7 miles from the Dayton International Airport. The Property consists of two noncontiguous sections separated by Turner Road. The larger section is on the NWC of Turner Road and Wolf Road with Orchard at Shiloh, a large multifamily community adjacent to the north. The smaller section is bound by a large community church and established residential community. Meadowdale High School provides a natural draw for the Property and is located on the opposite corner from the Property. The area's largest retail corridor with numerous national retailers is also less than one mile away. The Property benefits from a combined 17,000 vehicle traffic count at the intersection of Turner and Wolf. As of 2019, there were 136,885 residents with an average household income of $53,231 within a 5-mile radius.